Community Options Inc
Analysis
Community Options Inc is a registered charity in United States, based in Belchertown, MA. It received its IRS tax-exemption ruling in December 1979, 47 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2024, Community Options Inc reported income of $1.6m and spending of $1.6m, spending 97% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.1m to $1.6m (+45%), an average of +7.7% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 98% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Options Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MA. Charities of a similar size with the same main cause include Project Bridges Inc ($1.6m), Meals on Wheels of the Salinas Valley Inc ($1.6m) and Chinatown Day Care Center Inc ($1.6m).
On its Form 990 for the period ending June 2024, revenue came from program service revenue 97% of the total. Compensation of current officers, directors and key employees was $105k (6.8% of expenses). Other salaries and wages came to $925k. At year end it held assets of $781k against liabilities of $177k, net assets of $604k. It reported 50 employees.
Income and spending
Where the income comes from
- Program services 97%
- Other 2.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Project Bridges Inc | Hyattsville | $1.6m |
| Meals on Wheels of the Salinas Valley Inc | Salinas | $1.6m |
| Chinatown Day Care Center Inc | New York | $1.6m |
| Miss Tinas Preschool Inc | Greenwood | $1.6m |